Earnings ·
NextNav reports Q3 net loss of $4.2M on $1.6M revenue and holds $290.9M in cash
NNNextnav Inc.
NextNav Inc. reported a net loss of $4.2 million, or $0.04 per diluted share, for the third quarter ended September 30, 2026, compared to a net income of $483,000 in the prior-year period. Revenue increased to $1.58 million from $887,000. The company reported an operating loss of $19.6 million and held approximately $290.9 million in cash, cash equivalents, and investments with no outstanding debt as of quarter-end. NextNav Inc. is a leader in next-generation 3D Positioning, Navigation, and Timing (PNT) solutions leveraging licensed low-band spectrum.